56 Bay 40th Street, Brooklyn, NY 11214

Local realty services provided by:CENTURY 21 Motivated Access Realty
56 Bay 40th Street,Brooklyn, NY 11214
$1,768,000
  • - Beds
  • - Baths
  • 2,646 sq. ft.
  • Multi-family
  • Active
Listed by: fay huang, wilson cheng
Office: suncity prop inc
MLS#:1043113
Source:OneKey MLS

Price summary

  • Price:$1,768,000
  • Price per sq. ft.:$668.18

About this home

Exceptional opportunity to own a solid brick semi-detached four-family property in the desirable Gravesend/Bath Beach area of Brooklyn. Offering flexibility for both investors and end users, two units are currently vacant, while the remaining two units are occupied by established tenants, providing the option to retain existing rental income or deliver additional space based on the buyer’s needs. Situated on an approximately 25’ x 97’ lot with a building footprint of approximately 21’ x 63’, the property offers approximately 2,646 square feet of living space and is zoned R5. A rare parking advantage includes a rear two-car garage plus additional parking space for approximately three vehicles total. Conveniently located near the 25th Avenue D train station and the shopping, dining, and everyday conveniences along 86th Street, with easy access throughout Brooklyn and to Manhattan. A versatile four-family property offering strong potential for investment or owner occupancy in a highly...

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Home facts

  • Year built:1924
  • Listing ID #:1043113
  • Added:1 day(s) ago
  • Updated:August 26, 2026 at 03:51 AM

Rooms and interior

  • Bedroom Description:First Floor Bedroom
  • Basement:Yes
  • Basement Description:Finished, Walk-Out Access
  • Living area:2,646 sq. ft.

Heating and cooling

  • Heating:Baseboard, Natural Gas

Structure and exterior

  • Year built:1924
  • Building area:2,646 sq. ft.
  • Lot area:0.06 Acres
  • Construction Materials:Brick

Schools

  • High school:Contact Agent
  • Middle school:Call Listing Agent
  • Elementary school:Contact Agent

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,768,000
  • Price per sq. ft.:$668.18
  • Tax amount:$12,823 (2025)

Parking

  • Parking description:Attached, Driveway, Private
  • Garage:Yes
  • Garage spaces:1
  • Carport spaces:2
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